Pictet USA (Luxembourg) Manager Performance Evaluation

Funds . Luxembourg . 
Fund . Pictet-USA Index PUSD
LU0130732877   399.92  2.49  0.63%   
The fund holds a Beta of -0.0661, which implies not very significant fluctuations relative to the market. Let's try to break down what Pictet's beta means in this case. As returns on the market increase, returns on owning Pictet USA are expected to decrease at a much lower rate. During the bear market, Pictet USA is likely to outperform the market. Although it is important to respect Pictet-USA Index PUSD current trending patterns, it is better to be realistic regarding the information on the equity's existing price patterns. The philosophy towards forecasting future performance of any fund is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By analyzing Pictet-USA Index PUSD technical indicators, you can presently evaluate if the expected return of 0.19% will be sustainable into the future.
  

Pictet Performance

17 of 100

Compared to the overall equity markets, risk-adjusted returns on investments in Pictet USA Index PUSD are ranked lower than 17 (%) of all funds and portfolios of funds over the last 90 days. Despite somewhat weak basic indicators, Pictet USA may actually be approaching a critical reversion point that can send shares even higher in July 2023.
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Pictet USA Relative Risk vs. Return Landscape

If you would invest  35,830  in Pictet USA Index PUSD on March 12, 2023 and sell it today you would earn a total of  4,162  from holding Pictet USA Index PUSD or generate 11.62% return on investment over 90 days. Pictet USA Index PUSD is generating 0.1901% of daily returns and assumes 0.8597% volatility on return distribution over the 90 days horizon. Simply put, 7% of funds are less volatile than Pictet, and 97% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days.
  Daily Expected Return (%)  
       Risk (%)  
Assuming the 90 days trading horizon Pictet USA is expected to generate 0.99 times more return on investment than the market. However, the company is 1.01 times less risky than the market. It trades about 0.22 of its potential returns per unit of risk. The NYSE Composite is currently generating roughly 0.09 per unit of risk.

Pictet USA Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Pictet USA's investment risk. Standard deviation is the most common way to measure market volatility of funds, such as Pictet USA Index PUSD, and traders can use it to determine the average amount a Pictet USA's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.2211

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Estimated Market Risk

 0.86
  actual daily
 7 
93% of assets are more volatile
77

Expected Return

 0.19
  actual daily
 3 
97% of assets have higher returns
33

Risk-Adjusted Return

 0.22
  actual daily
 17 
83% of assets perform better
1717
Based on monthly moving average Pictet USA is performing at about 17% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Pictet USA by adding it to a well-diversified portfolio.

Things to note about Pictet-USA Index PUSD performance evaluation

Checking the ongoing alerts about Pictet USA for important developments is a great way to find new opportunities for your next move. Fund alerts and notifications screener for Pictet-USA Index PUSD help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Evaluating Pictet USA's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Pictet USA's fund performance include:
  • Analyzing Pictet USA's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
  • Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Pictet USA's stock is overvalued or undervalued compared to its peers.
  • Examining Pictet USA's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
  • Evaluating Pictet USA's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Pictet USA's management team can help you assess the Fund's leadership.
  • Pay attention to analyst opinions and ratings of Pictet USA's fund. These opinions can provide insight into Pictet USA's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Pictet USA's fund performance is not an exact science, and many factors can impact Pictet USA's fund market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any Fund could be tightly coupled with the direction of predictive economic indicators such as various price indices. Note that the Pictet-USA Index PUSD information on this page should be used as a complementary analysis to other Pictet USA's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

Complementary Tools for Pictet Fund analysis

When running Pictet USA's price analysis, check to measure Pictet USA's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Pictet USA is operating at the current time. Most of Pictet USA's value examination focuses on studying past and present price action to predict the probability of Pictet USA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pictet USA's price. Additionally, you may evaluate how the addition of Pictet USA to your portfolios can decrease your overall portfolio volatility.
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